An anonymous Ethereum wallet holder known as 0xc2a3 recorded a stunning $12 million profit in just 24 hours by closing a profitable Bitcoin short position, according to on-chain data reported on August 21, 2025. The trader maintains a flawless 100% win rate across 11 consecutive days, showcasing exceptional timing and precision. No public identity or institutional affiliation has been linked to the wallet; all activity is traced solely through blockchain analytics. This run highlights the high-reward potential of leveraged crypto trading in volatile conditions.
The trader’s success coincides with heightened Bitcoin network activity, including record Lightning Network capacity and fluctuating inscription volumes. While no direct causal link exists, the performance underscores the market’s sensitivity to large, well-timed positions. Broader sentiment remains mixed: Bitcoin trades near $113,000, reflecting recent profit-taking ahead of key macroeconomic events. Jameson Lopp, a Bitcoin Core contributor, commented on the broader ecosystem: “This 60% leap forward cuts through the noise. It bypasses short-term market mania and gets back to building. The code is the truth, and right now, it’s speaking volumes.”
The trader’s streak could accelerate interest in advanced trading strategies, potentially driving further on-chain innovation and retail participation. At the same time, such outsized gains may attract increased regulatory scrutiny from bodies like the SEC and CFTC, especially as institutional inflows grow. The anonymous nature of the trades leaves room for speculation, but the performance reinforces Bitcoin’s role as a high-stakes asset class. Market observers expect continued volatility until clearer macroeconomic signals emerge from the upcoming FOMC minutes and the Jackson Hole speech.
